Prisoner's dilemma - is a two-person scenario in which (1) Player A stands to benefit more from a transaction by acting selfishly toward Player B if B offers to collaborate, and vice versa; but, (2) A and B together might obtain a bigger total payoff by collaborating than by acting selfishly in both cases. The typical result of a Prisoner's Dilemma is that both players act selfishly, which results to a poor decision for both.
With this system, one may strike a balance between rivalry and competitive for the benefit of all parties.
According to game theory, a situation where two players act selfishly would ultimately lead to a poor decision or getting smaller rewards for both is known as a prisoner's dilemma. The prisoner's dilemma also demonstrates the fact that sometimes, collaboration is not the best course of action.
To learn more about Prisoner's dilemma, refer
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The XYZ Affair<span> and the Quasi-War with France, 1798–1800. The </span>XYZ Affair<span> was a diplomatic incident between French and United States diplomats that resulted in a limited, undeclared war known as the Quasi-War.</span>
Answer:
Devolution
Explanation:
Devolution refers to the shifting of statutory power from the central government to the local government. The purpose behind shifting the power and funding is to make ensure that the welfare program must be done close to the people who are going to get benefit from it. The main function behind the devolution is to exercise the democratic style of leadership and to give authority to people for self-governance
